This document may contain forward-looking statements including words such as “may,” “can,” “could,” “should,” “predict,” “aim,” “potential,” “continue,” “opportunity,” “intend,” “goal,” “estimate,” “expect,” “expectations,” “project,” “projections,” “plans,” “anticipates,” “believe,” “think,” “confident,” “scheduled,” or similar expressions, as well as information about management’s view of Vertex Energy’s future expectations, plans and prospects, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors which may cause the results of Vertex Energy, its divisions and concepts to be materially different than those expressed or implied in such statements. These risk factors and others are included from time to time in documents Vertex Energy files with the Securities and Exchange Commission, including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have material adverse effects on Vertex Energy’s future results. The forward-looking statements included in this presentation are made only as of the date hereof. Vertex Energy cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Vertex Energy undertakes no obligation to update these statements after the date of this presentation, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Vertex Energy.

Vertex Energy is a leading environmental services company focused on recycling petroleum-based waste streams

The Company Recently completed a strategic acquisition of substantially all of the assets of Vertex Holdings

The Acquisition creates a vertically integrated business which spans the entire petroleum recycling value chain

Collection: Collect and purchase used oil directly from generators such as Jiffy Lube and car dealerships

Approximately 9 million gallons collected during the 12-month period ended June 30, 2012

Aggregation: Purchase used oil, transmix, and off-specification commercial chemical products from an established network of local and regional collectors

Approximately 45.7 million gallons aggregated during the 12-month period ended June 30, 2012

Logistics: Manage the transportation, storage and delivery of aggregated feedstock and re-refined products

Re-refining: Process waste streams into higher-value feedstocks or end products using in-house proprietary TCEP technology or 3rd party outsourcing for transmix and chemical byproducts

4,545,455 restricted VTNR shares, $14.8 million in cash and refinanced debt, $1.7 million in cash for real-estate and $6.7 million in earn-out payments that can be achieved based on combined company EBITDA during each of the 3 years following the transaction (1)

On September 11, 2012, Vertex Energy entered into an agreement with Bank of America to borrow $8.5 million in the form of a term note and $10.0 million in the form of a revolving credit facility

Vertex Energy drew down $8.5 million of the term note and $8.75 million of the revolving credit facility, totaling $17.25 million, to finance the cash payment due to Holdings and to pay fees and costs associated with the acquisition

Strategic Rationale

Creates a vertically integrated company that spans the full value chain of the industry – collection, aggregation, logistics, re-refining and sales – and eliminates related party transactions

Secures strategic access to feedstock at the point of generation – helps insulate margins in rising input cost environments

Earnings accretion expected in fiscal 2013

Final purchase price subject to working capital adjustment

Includes value of earn-out payments

Based on estimated closing balance sheet which assumes $788K in cash and a $428K positive working capital adjustment to the purchase price

Provides a variety of collection, transportation, terminaling, re-refining and processing solutions for petroleum products, crudes, used lubricants and other energy resources

Owned IP relating to Thermal Chemical Extraction Process (“TCEP”), a method of re-refining used oil and other petroleum by-products

Headquartered in Houston and operates mainly throughout the Gulf States region of the US

Approximately 80 employees

Vertex Recovery aggregates and recycles used oil and residual materials from large regional and national customers throughout the US and Canada. It facilitates its services through a network of independent recyclers and franchise collectors

Cedar Marine Terminals operates a 19-acre bulk liquid storage facility on the Houston Ship Channel. The terminal serves as a truck-in, barge-out facility and provides through-put terminal operations. It is also the site of the TCEP re-refining process

Processed approximately 13.5M gallons in 2011 and 14M during the last 12 months

Crossroad Carriers is a third-party common carrier that provides transportation and logistical services for liquid petroleum products, as well as other hazardous materials and waste streams

7 transport trucks in operation

H&H Oil collects and recycles used oil, used oil filters, antifreeze, and residual materials from customers based in Austin, Baytown, and Corpus Christi, Texas

13 collection trucks in operation

9M gallons collected in 2011 and 9.1M during the last 12 months

Generators Overview

Third parties Generate used oil through core business

Jiffy Lube, car dealerships, etc

Collectors, Aggregators, Processors, End Users

Collect used oil from generators

Typically local or regional

Highly fragmented

Purchase used oil from collectors

Sell and deliver it as feedstock for processors

Process used oil

Technology upgrades input into higher value end products

End product is used as an industrial fuel, ship fuel, base oil, or refinery feedstock

Historically, an aggregator and logistics manager of used oil feedstock Acquisition gives Vertex Energy collection capabilities Used oil sold to third-party re-refineries or transferred to Refining & Marketing Division

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